511, Shakespeare Circus 3
Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Shakespeare Circus 3
What is 511 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,483 sqft
- Floor
- 5th of 5
- Parking
- 60-341
- Service charge
- AED 17,300 /yr
- Last sold
- AED 750K · December 2020
- Building
- Shakespeare Circus 3
About 511, Shakespeare Circus 3
511 is a two-bedroom apartment of 1,483 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 29 December 2020 for AED 750,000, or AED 505 per sqft, in line with the AED 505 two-beds in the building were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 August 2024, is AED 120,000 a year: a gross yield of 16.0% on the 2020 price, before the service charge of about AED 17,300 a year.
Sales and rents for 511 over time
511 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shakespeare Circus 3, and where 511 sits
All 52 2-beds →511 last sold in December 2020 at AED 505 per sqft, in line with what two-beds in Shakespeare Circus 3 were fetching at the time (AED 505). 511's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jun 202515 June 2025 | 1,630 sqft | 1,725,000 | 1,058 | ||
| 9 May 20259 May 2025 | 1,480 sqft | 1,500,000 | 1,013 | ||
| 27 Feb 202527 February 2025 | 1,694 sqft | 1,725,000 | 1,018 | ||
| 14 Jan 202514 January 2025 | 1,441 sqft | 1,400,000 | 971 |
Shakespeare Circus 3
Building72 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 135K /yr
- Typical yield
Other units on the 5th floor
All 72 units in Shakespeare Circus 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,441 sqft | AED 1.08MAED 1,080,750 · Jul 2013July 2013 | 105,500 /yr | |
| 502 | 3-bed | 1,999 sqft | AED 1.97MAED 1,969,015 · Apr 2014April 2014 | 145,000 /yr | |
| 503 | 2-bed | 1,497 sqft | AED 737KAED 737,273 · May 2014May 2014 | 105,000 /yr | |
| 504 | 2-bed | 1,497 sqft | AED 1.1MAED 1,100,000 · Aug 2023August 2023 | 88,000 /yr | |
| 505 | 3-bed | 1,999 sqft | AED 1.67MAED 1,670,000 · Feb 2024February 2024 | 115,000 /yr | |
| 506 | 2-bed | 1,441 sqft | AED 1.4MAED 1,400,000 · Jan 2025January 2025 | 108,000 /yr | |
| 507 | 2-bed | 1,854 sqft | AED 1.53MAED 1,529,550 · Dec 2013December 2013 | 115,000 /yr | |
| 508 | 2-bed | 1,483 sqft | AED 1.45MAED 1,453,340 · Mar 2014March 2014 | 110,000 /yr | |
| 509 | 2-bed | 1,480 sqft | AED 1.5MAED 1,500,000 · May 2025May 2025 | 120,000 /yr | |
| 510 | 2-bed | 1,480 sqft | AED 1.5MAED 1,500,000 · Jul 2024July 2024 | 64,000 /yr | |
| 512 | 2-bed | 1,854 sqft | AED 1.31MAED 1,310,000 · Mar 2024March 2024 | 92,640 /yr |
511, Shakespeare Circus 3 in numbers
- Sold 3 times: first on 7 February 2011 for AED 711,651, last on 29 December 2020 for AED 750,000 (AED 505 per sqft).
- Rented since July 2012 on 2 Ejari contracts, from AED 73,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2020 price is 16.0%, before a service charge of about AED 17,300 a year (AED 11.65 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.
Questions about 511, Shakespeare Circus 3
What did unit 511 last sell for?
AED 750,000 on 29 December 2020: AED 505 per sqft for 1,483 sqft. The unit has 3 registered sales; the first was AED 711,651 in February 2011.
What is the rent for unit 511?
AED 120,000 a year on the contract signed on 15 August 2024. The previous contract, from July 2012, was AED 73,000.
How big is unit 511?
1,483 sqft (137.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 511, Shakespeare Circus 3
Starts from the last sale price (AED 750K, 29 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →